July 2008

BUFFALO WINGS & RINGS' REACHING 94 CONTRACTS
38 OPEN RESTAURANTS 

The only National Restaurant Franchise Chain based in Cincinnati. Nothing is stopping the three dynamic entrepreneurs Philip Schram, Nader Masadeh and Haytham David. Their partnership is solid as a rock, they are developing the company as planned, the passion is unlimited as the number of restaurants is growing, and they are building up a strong relationship with their new staff and vendors. So what’s new?

The company is selling one new restaurants per week. Based on a thorough marketing approach combined with a proven delivery process, Buffalo Wings and Rings is putting more dots on the map. The company prides itself in covering now the USA from Coast to Coast and from North to South. The leadership team has now 38 opened points of sales and will reach 45 by the end of 2008. Most recent signed contracts include Kuwait with South Korean Gen. Trad. Co. W.L.L. , Jordan, and future presence in 17 US states: Arizona, California, Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Michigan, New York, New Jersey, North Carolina, South Carolina, Ohio, Pennsylvania, South Dakota, Texas.

The company is recruiting the best. The company conducted a profound staff restructuring in its corporate restaurant focusing on leadership and management aptitudes, proactive innovative demeanors and customer focus. Likewise, at the headquarters’ location in Milford, new management was hired with extensive experience in the restaurant franchise industry. Emphasis is made on aggressive marketing approach, standardization efforts to streamline new locations rollout process, and overall franchisees’ performance support and processes. This includes enhanced restaurant construction process, increased training effectiveness and efficiency, and on-going operations performance assistance.

For more information, please visit Buffalo Wings & Rings website at www.buffalowingsandrings.com or contact Dan Doulen at 513-831-WING (9464).

Partners' Biographies

Philip Schram – President and CEO

Schram was born in Paris, France where he earned a Master’s Degree in Engineering and Management. He has a family history of entrepreneurship on both his and his wife’s sides. He has a global supply chain background acquired at the world leaders in the automotive industry (Renault, Ford and ZF). Schram successfully developed two e-Business companies, one of which is supporting the Franchise Chain’s knowledge management infrastructure Paljunction. Schram has been President and CEO of Buffalo Wings & Rings since the inception of the company in January 2005. The company underwent a dramatic transformation program consisting of first a totally new franchisee-focused approach, and second an unparalleled financial performance demeanor. This compelling formula resulted in sustained growth momentum with now more than 70 restaurants in the network. Schram’s outlook to the future includes unlimited expansion opportunities through continuous process improvement, more brand enhancements, and acquisitions. Schram’s greatest assets are his leadership, abilities and strategic vision.
Schram was nominated for the 2008 Ernst & Young Entrepreneur of the Year Award.

Nader Masadeh – Executive Vice-President & CFO

Masadeh earned a BS in engineering and two MBAs. He has a manufacturing, logistics and purchasing background acquired at Ford and P&G. Masadeh owned, with his family, both Goldstar restaurants and Buffalo Wings & Rings in the past ten years. Masadeh won the Best of Show award at the University of Cincinnati for design engineering projects. Nader Masadeh has been EVP and CFO of Buffalo Wings & Rings since January 2005.

Haytham David – Vice-President of Sales and Marketing

David has 30 years of experience in the restaurant industry. Since 1984, David successfully launched several concepts of restaurants, including the Pizzeria Papa Gallo and Greek Isles Gyros (chain with four locations). David owns one Buffalo Wings & Rings restaurant. David has been VP of Sales and Marketing of Buffalo Wings & Rings since January 2005.